Over 3 million elderly Americans who move annually are vulnerable to senior moving scams, as the process exposes personal data that criminals can exploit after it is sold by data brokers.
The Growing Threat of Senior Moving Scams
Seniors are a primary target for scammers during a move because they are often perceived to have accumulated wealth, may be less tech-savvy, and are more trusting during a significant life transition.
This vulnerability is compounded by the fact that over 70% of cybercrimes trace back to exposed personal data.
The act of moving creates one of the largest exposures of an individual’s private information. Details from real estate listings, moving company contracts, and official address changes are collected by data brokers who then bundle and resell them to third parties.
How Data Brokers Expose Personal Information
When a person moves, data brokers automatically update their files with the new address, phone number, and property transaction details, which can quickly appear on public people-search websites.
This practice led to one woman’s mother falling victim to two separate scams after scammers obtained her new address.
Individuals can take proactive steps to lock down their personal information and prevent identity theft when downsizing. These measures protect against both digital data collection and physical methods like dumpster-diving for unshredded documents.
How to Protect Seniors From Moving Scams
To limit data exposure, use the official USPS website or visit a local post office for address changes rather than using third-party services. You can also ask your realtor what information is automatically disclosed in a home sale and whether any personal details can be redacted.
It is also critical to shred old bills, medical statements, and financial records before discarding them. Additionally, avoid announcing your move publicly on social media.
“It’s tempting to post a ‘Goodbye, old house!’ photo online, but resist the urge,” a writer for CyberGuy.com advises.
Using a Data Broker Removal Service
A personal data broker removal service can systematically contact these companies, demand the removal of your private information, and monitor to ensure it does not reappear.
While these services require payment, a CyberGuy.com expert notes, “they aren’t cheap, and neither is your privacy.“
Freeze Credit with Equifax, Experian, TransUnion
A crucial step is to freeze your credit, which blocks new accounts from being opened in your name. This can be done for free with the three major credit bureaus: Equifax, Experian, and TransUnion.
You can lift the freeze anytime you need to apply for a loan or credit card. This action provides a powerful barrier against financial fraud. “Moving should feel like a new beginning, not an invitation for scammers to strike.“
